Stitch Fix Inc reports results for the quarter ended in July - Earnings Summary

Stitch Fix

18/09/2023 22:01

* Stitch Fix Inc  SFIX.OQ  reported a quarterly adjusted
loss
of 24 cents​​ per share for the quarter ended in July. The mean
expectation of fifteen analysts for the quarter was for a loss
of 21 cents per share.
    * Revenue fell 22% to $375.80 million from a year ago;
analysts
expected $371.36 million. 
    * Stitch Fix Inc's reported EPS for the quarter was a loss
of 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Stitch Fix Inc shares had fallen by 16.1% this quarter and
gained 3.9% so far this year.
    * The company reported a quarterly loss of $28.66 million.
    * Wall Street's median 12-month price target for Stitch Fix
Inc is
$4.55 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 13
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
September 18 at 09:00 p.m. UTC. ​All figures in US dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      -0.21          -0.24          Missed
 Apr. 30 2023      -0.30          -0.19          Beat
 Jan. 31 2023      -0.34          -0.58          Missed
 Oct. 31 2022      -0.47          -0.44          Beat